2021 BRN Discussion, page-1063

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loganmcollum

177 Posts.

71

09/03/21

08:53

Post #: 51615869
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Originally posted by Kachoo: ↑

Your view is of a trader at the moment. I agree that we are drifting and the new news may only pop us to 60 or 70. But saying that the Renesa deal means nothing is of a short term view. Renesas will provide us with a constant flow stream of earning and that what going to move the stock. I'd say that's not a useless contract at all.

I could 100% bet that BRN workers are not worried about daily weekly fluctuations of stock price. They are in the business of developing and selling innovati.ve products. Worry about day traders is least of thier concern. If they were looking at pumping price to get CR then it would have been pumped harder te covid and all other leads. They are looking at running a legitamit business with revenue.

would we prefer the price going up yes we all would 100% but this is how the market works on people emotions those that sell out of frustration may miss the boat or sell at a loss everyone has their style. SP go up and down it's only an indication of today's sellers and buyers. Tomorrow's price is the unknown!

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mate can i just thank you for an honest and non agressive reply. very rare to come across these days. I 100% agree with you, hence why in one of my paragraphs i said IMO the sp should be above $1 because of the great renesas deal, however the market dissagrees.

thanks again for your reply. good to hear a legitimate, fact based opposing view. humbled me.

cheers, logan.

Last edited by loganmcollum: 09/03/21

BRN Price at posting: 42.0¢ Sentiment: Buy Disclosure: Held
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